The S&P 500/Citigroup Pure Value Index is narrow in focus and consists of those S&P 500 companies that exhibit only strong value characteristics. It contains approximately one-third of the equities of the S&P 500® Index.
Rydex S&P Pure Style exchange traded funds (ETFs) are benchmarked to the S&P/Citigroup Pure Style indices. Unlike traditional style indices, these pure style indices seek to remove overlap between growth and value. Each index is weighted by style scores, as opposed to market cap. Only pure growth and pure value stocks are included and the stocks with similar growth and value characteristics are eliminated. Therefore, these products deliver pure style based only on stocks with the strongest style attributes.
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